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Afnan is saving for the down payment on a house. She deposits $8,750.00 today, $2,250.00 in 6 months, and $9,200.00 in 3 years. The account
Afnan is saving for the down payment on a house. She deposits $8,750.00 today, $2,250.00 in 6 months, and $9,200.00 in 3 years. The account earns interest at the rate i(1) = 6.560%. How much does she have in her account after 5 years? a. $25,463.42 b. $27,500.49 C. $25,972.69 d. $26,736.59 e. $26,991.22
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